Common use of Bond Yield Clause in Contracts

Bond Yield. Based on the Offering Prices, the Yield on the Bonds is %, as computed by Bond Counsel as shown on Exhibit A. The City has entered into an interest rate swap agreement with respect to any portion of the proceeds of the Bonds.

Bond Yield. Based on the Offering Pricesissue price of the Bonds, the Yield on the Bonds is [ ]%, as computed by Bond Counsel as shown on Exhibit A. The City has not entered into an interest rate swap agreement with respect to any portion of the proceeds of the Bonds.